BUTTER QUOTA

Evening Post, Volume CXV, Issue 82, 7 April 1933, Page 8

BUTTER QUOTA

GOVERNMENT'S VIEW

INTERVENTION LIKELY

BOARD TO MEET

Up to the present the Government has not publicly expressed any opinion as to whether there should be a restriction of >the quantity of butter exported from New , Zealand to Great Britain, but there is reason to believe that the silence may be broken within the next few days. It is known that the Government views with alarm the serious fall in the price of butter during the last few weeks, and the Priino Minister (the Et. Hon. G. AY. Forbes) has already referred to the possibility of the consequent shrinkage in revenue- forcing the Government to effect further economies. So far the Government has refrained from entering into the controversy, preferring to leave any decision On the quota issue to the producers themselves, but it is understood that tho opinion is held in Government circles that the position has become so serious that it will bo necessary to intervene. The opinion is that some form of restriction cannot be avoided. The Now Zealand Dairy Produce Board will meet in Wellington next Thursday to consider the position. It had not been intended to hold a meeting until April 28, following tho return of tho board's representatives from Australia, but it is understood that several points arisen which require the decision of the board before the delegates leave for Australia.